Banque du Caire offers time deposits with interest paid upfront to individuals and companies, with tenors ranging from 1 month to 12 months. Interest is paid at the start of the deposit term, depending on the tenor and the type of deposit.

Features of Banque du Caire upfront-interest time deposits

  • A fixed interest rate based on the deposit tenor.

  • Interest and the deposit principal can be credited to a current account or a savings account, as the customer prefers.

  • The deposit can be renewed at the customer's request, with only the principal being renewed.

  • Deposits can be opened or redeemed at any Banque du Caire branch.

  • Access to credit facilities on simplified terms in the same currency as the deposit.

  • Early redemption before maturity is allowed, with 100% of the upfront interest deducted.

  • Interest is paid at the start of the deposit term.

  • Available in Egyptian pounds (EGP) only.

First: Upfront-interest time deposits for individuals and companies

Banque du Caire offers this type of deposit to individuals and companies, with tenors of 1 month, 3 months, 6 months, 9 months and 12 months.

Interest rates

  • 1-month deposit: 15.40% interest.

  • 3-month deposit: 13.75% interest.

  • 6-month deposit: 13.25% interest.

  • 9-month deposit: 13% interest.

  • 12-month deposit: 11.50% interest.

Minimum deposit

  • Individuals: EGP 1 million, in denominations starting from EGP 100,000 and multiples thereof.

  • Companies: EGP 10 million, in denominations starting from EGP 1 million and multiples thereof.

Second: Upfront-interest time deposits for individuals only

Banque du Caire offers upfront-interest time deposits to individuals only, with the option of a credit card secured by the deposit, free of issuance fees for the first year on the primary card.

Interest rates

  • 3-month deposit: 7.50% interest.

  • 6-month deposit: 8.50% interest.

  • 12-month deposit: 9% interest.

Minimum deposit

  • 3-month deposit: EGP 300,000, in denominations starting from EGP 100,000.

Documents required to open a deposit

  • A current account or savings account opened with the bank before the deposit is issued.

  • A valid national ID card for Egyptians.

  • A valid passport for foreigners.